Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2901 Riverglen Dr Fort Worth, TX 76109-1810
    Back to Search
    Property profile & analytics

    2901 Riverglen Dr, Fort Worth, TX 76109-1810

    View on Map
    • Office buildings
    • 5,160 SF
    • 0.42 lot acres
    Off-Market
    Property ID
    US82-3901763
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,430,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bangmetric Services / (Bike/Boat/Book/etc) Store / Corporate Office
    • RE/MAX / Real Estate Agency
    • Re/Max Trinity II: Sortore Lori / Real Estate Agency
    • Farm & Ranch Healthcare, Inc / Insurance Agency
    • Cityview Mortgage / Loan Service / Bank

    Property Details for 2901 Riverglen Dr

    Year built
    2001
    Lot size
    0.42 lot acres
    Property type
    Office buildings
    APN
    40475-1-4J1
    APU
    4047514J1

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 20, 2025 — Riverglen Holdings LLC Rocking V Real Estate LLC Special Warranty Deed —
    Sep 18, 2017 — Rocking V Real Estate LLC — Deed · related $564k · Wells Fargo Bk
    Jan 13, 2012 — Rocking V Real Estate LLC Craig M Campbell Venders Lien $564k · Wells Fargo Bank NA
    — — Rocking V Real Estate LLC — Loan Modification · related $564k · Wells Fargo Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,600,000
      6.5%
      $1,475,000
      7%
      $1,370,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,388,000
      Market price range: $160k - $1.58M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $860,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.3892
    Latitude
    32.7103
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $20,698
    $221,220
    $693,493
    $914,713
    -
    $221,220
    $693,493
    $914,713

    Comparable in this City

    • Value Estimation
      $20,805,000
      352,323 SF

      5600 Clearfork Main St

      OFFICE BUILDING (MULTI-STORY)
      5600 Clearfork Main St, Fort Worth, TX 76109-3567
      View Details
    • Value Estimation
      $3,715,000
      25,906 SF

      3128 Merida Ave

      OFFICE BUILDING
      3128 Merida Ave, Fort Worth, TX 76109
      View Details
    • Value Estimation
      $1,200,000
      4,056 SF

      4624 Loop 820

      OFFICE BUILDING
      4624 Loop 820, Fort Worth, TX 76109
      View Details
    • Value Estimation
      $2,140,000
      13,171 SF

      4541 Bellaire S Dr

      OFFICE BUILDING
      4541 Bellaire S Dr, Fort Worth, TX 76109-1890
      View Details
    • Value Estimation by Request
      1,330 SF

      3017 Waits Ave

      OFFICE BUILDING
      3017 Waits Ave, Fort Worth, TX 76109-2329
      View Details
    • Value Estimation by Request
      2,161 SF

      3701 University Dr

      OFFICE BUILDING
      3701 University Dr, Fort Worth, TX 76109-3719
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land Available For Ground Lease

      Land available for ground lease.
      4260 Bryant Irvin Rd, Benbrook, TX 76109
      View Details
    • Contact for pricing

      Retail Property on South Hulen

      Retail property for sale on South Hulen Street, Fort Worth.
      4300-4375 S Hulen St, Fort Worth, TX 76109
      View Details
    • $699,000
      0.14 Acres

      Updated Triplex Near TCU

      A flexible triplex with updated units and permit parking, offering strong income potential for investors or owner-occupants.
      3148 Rogers Ave, Fort Worth, TX 76109
      View Details
    • $649,999
      0.42 Acres

      Residential Land in Stonegate Neighborhood

      Land ready for custom home in gated Fort Worth neighborhood.
      2889 Oakbriar Trl, Fort Worth, TX 76109
      View Details
    • $419,000
      0.16 Acres

      Full Duplex Residential Income

      Two separate units with hardwood flooring and ample parking on a large lot, ideal for steady rental income.
      2600 W Bewick St, Fort Worth, TX 76109
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,579 SF

      Class A Office Space Available

      Class A office building with 24/7 security and ample parking.
      4800 Overton Dr, Fort Worth, TX 76109
      View Details
    • Contact for pricing
      634 SF

      Six-Story Office Near TCU

      19,977 SF office building adjacent to TCU.
      3113 S University Dr, Fort Worth, TX 76109
      View Details
    • Contact for pricing

      Six-Story Office Tower Near TCU

      Office and retail spaces available near Texas Christian University.
      3113 S University Dr, Fort Worth, TX 76109
      View Details
    • Contact for pricing
      1,424 SF

      Professional Office Space in Fort Worth

      Multi-tenant office building with space available in southwest Fort Worth.
      2800 S Hulen St, Fort Worth, TX 76109
      View Details
    • Contact for pricing

      Established Medical Space in Fort Worth

      Second-generation medical space in high-traffic Fort Worth location.
      4325 S Hulen St, Fort Worth, TX 76109
      View Details
    • Contact for pricing
      392 SF

      Office Space Near Chisholm Trail

      Office space for lease in Southwest Fort Worth, Texas.
      6410 Southwest Blvd, Benbrook, TX 76109
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2901 Riverglen Dr
    Fort Worth, TX 76109-1810
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2901 Riverglen Dr, Fort Worth, TX, 76109
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!